Sarmad Abarkooh Steel and Iron Complex: Progress in the Steel Industry
Main Information
Description
Sarmad Abarkooh Steel and Iron Complex, since launching its rolling mill unit in December 2016, has become one of the pioneers in rebar production in the country. This unit, with a workforce of 1,000, supplies 4 annual rebars in sizes ranging from 8 to 32 millimeters to the market. This demonstrates the complex's attention to the needs of the construction industry and related sectors.
Product Technical Description
Complex Development
As part of its developmental plans, Sarmad Abarkooh Steel and Iron Complex intends to launch its coil production unit and its steelmaking plant with an annual capacity of 600,000 tons of steel billets. This major step will enable the complex not only to increase its production but also to diversify its product range and cater to the needs of various steel markets.
Efficiency and Energy Saving
One of the main features of Sarmad Abarkooh Steel and Iron Complex is the use of direct-charge steelmaking units. This type of steelmaking system results in significant energy savings—up to around 30%. The energy saving not only helps to reduce costs but also contributes to less environmental impact.
Given these advances and development paths, Sarmad Abarkooh Steel and Iron Complex stands at the forefront of growth and innovation in the national steel industry, and is recognized as one of the key production units in this sector.
Ways to buy from Mining and Metals Development Investment Company
Similar Products
See all productsAbout the Business
Mining and Metals Development Investment Company
- Iran, Tehran, Africa Blvd, beginning of Esfandiar Blvd, No. 3 (Head Office) and No. 7 (Shareholder Affairs)
Introduction to Mining and Metals Development Investment Holding
The Mining and Metals Development Investment Company (Public Joint Stock) was registered on February 24, 1996, under registration number 119869 at the Tehran Department of Companies and Non-Commercial Institutions.
Company Activities
The company operates domestically with the aim of purchasing, participating in financial resources, and investing in various companies, institutions, and industrial, mining, agricultural, and service units. The company also provides consulting services in different fields including production, investment, development, planning, financial resource services, and management system design. Additionally, the company invests in partnerships offers services abroad, and performs required operations to fulfill its objectives.
Stock Market Admission: Year Thirteen of Activity
In 1998, the Mining and Metals Development Investment Company was listed on the Tehran Stock Exchange as a public joint stock company and has since expanded its presence in the capital market.
Company Vision:
The long-term goal is to become the leading specialized investment company in the mining and mineral industries in the region by 2025.
Company Responsibilities:
Mining and Metals investment companies have made wealth preservation and enhancement for shareholders their primary principle through investment and business holding. The company strives to invest in industries with competitive advantages, utilizing both human and financial resources. It aims to create added value by combining profit and investment value appreciation to ensure satisfaction for shareholders and other stakeholders.
Strategic Company Objectives:
- Contributing to the country’s economic growth, especially in increasing the gross domestic product.
- Excellence in the capital market, achieving the highest rate of return and improving transparency in financial activities.
- Diverse income sources by investing in sectors with competitive advantages.
- Increasing shareholder loyalty and special services by creating stakeholder value.
- Strengthening human resources by utilizing the country’s development capabilities and improving HR infrastructure.
Sharmarket
Build an active presence for your business in the online world.